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Hi Samantha! We're in the midst of formalizing our deferral policy now. This is what I've proposed to add to the current scholarship policy document:

Payment to the Educational Institution may be deferred, at the student’s request, for a period of up to one year from the original award date. Requests will be approved if the following conditions are met:

1. Deferment is not expressly prohibited by the Fund Agreement
2. The student provides documentation from their educational institution that their enrollment deferment has been approved. In other words, the student’s place at the institution is reserved for the next academic year.

We allow students to defer a scholarship for up to 2 years (to account for military or missionary service). When completing their acceptance form, there is a place to indicate a deferral. They do not need to select a post-secondary institution until their deferral is complete. Once the deferral time period is up, students must notify us of their school within 6 months or forfeit their scholarship.

We have a deferral policy in place - Students may request a deferral (partial or full) for one year. Students must submit the request in writing and have one year to notify us of activation. After that, it is forfeited.

We are not very strict about reasons or the timing, as long as there are dollars unspent. Reasons have ranged from illness to transfer, and even to offset the negative impact of the school's financial aid displacement policies.